Category: Steel
Get the latest steel industry news including export data, price trends, and global market shifts.
Cleveland-Cliffs Raises HRC Price to $950/mt for July Orders
Cleveland-Cliffs announces a $40/t increase in hot-rolled coil (HRC) prices for July orders, signaling a shift in market…
The Decline of the Ukrainian Steel Trading Market Amid Economic Challenges
The Ukrainian steel market faces stagnation due to reduced infrastructure development and funding cuts, leading to lower…
Andritz Opens Electrolyzer Gigafactory in Germany to Boost Green Hydrogen Supply
Andritz opens a 1.1 GW electrolyzer gigafactory in Germany to power Europe’s green hydrogen and low-carbon steel markets.
Kametstal Overhauls Converter No. 2 as Part of Strategic Modernization
Kametstal launches key upgrades at BOF Vessel No. 2 to enhance steelmaking reliability and production efficiency.
JSW Steel Allocates $2 Billion for Decarbonization Drive
JSW Steel sets a bold 2030 carbon target with a $2B decarbonization plan focused on hydrogen and renewables.
Hyundai Steel Suspends Pohang Plant Operations Amid Declining Demand
Hyundai Steel halts Pohang plant operations due to weak steel demand and domestic market challenges.
ArcelorMittal Poland Says Steelmakers Can’t Bear Decarbonization Costs Alone
ArcelorMittal Poland urges energy price cuts to support steel decarbonization amid rising costs.
Jindal SAW Advances Middle East Expansion with $118 Million Investment in UAE and Saudi Arabia
Jindal SAW invests $118M to build pipe plants in UAE and Saudi Arabia, boosting its Middle East footprint.
Malaysia Launches 2.5M-Ton HBI Plant in Sabah, Boosting Southeast Asia’s Green Steel Ambitions
Malaysia launches 2.5M-ton HBI plant in Sabah, marking a major step in green steel production.
Trump’s 50% Steel Tariffs Reshape Global Steel Trade
Trump’s 50% steel tariff sparks global market disruption, triggering price shifts, trade tensions, and economic uncertainty.
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